Hello,
Because people tend to be sinful (we are not perfect), I would agree that any system or form are not perfect. However, capitalism stands to be the best system anyone could adopt that promotes a healthier economy and better opportunities for any and all classes of people that wish to grab hold. Sure some have to work harder at it, sure some may fail at it, but it isnt because capitalism is bad that they failed.
Capitalism works side by side with freedom. Have you seen any countries that rule under socialism have free people such as Americans have? I haven't.
Capitalism does work for any and all industries. It is when you involve government, that freedoms then begin to crumble. When government gets this kind of control as we have see in the past decades until now that you lose your freedoms one by one. Example: the very nature of Obama's healthcare was to charge me a "fine" for NOT having healthcare. What kinda bogus thing is that? If I dont want healthcare, that is my choice as a free citizen and I should not be punished for that.
Progressives are a tagline certain groups of liberals chose for themselves. Maybe to distance themselves for other groups of liberal ideals? I don't recall how it began much. Progressives are inherently still dangerous to freedom and capitalism do to the ideology they hold, and the political spectrum they tend to throw this country toward.
I'll respect their opinions on certain matters even in disagreement, so long as they don't push it upon me or try to bind them as laws on me. And other matters of a moral nature I will fight against tooth and nail (ie abortion issue).
It is nice to know that you still have at least some confidence in capitalism.